In Brief A whale’s $16 million move on Hyperliquid sent XPL soaring 200%, wiping shorts and triggering one of the craziest liquidation cascades. Hyperliquid’s HLP vault gained $47.000 in fees but risked losses, showing the double-edged nature of liquidity provision in volatile markets. The XPL event highlights key lessons: avoid high leverage, track liquidity depth,…
Read more
